Market Overview:
The global peripheral micro catheter market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular diseases, technological advancements in peripheral micro catheters, and rising demand for minimally invasive procedures. Based on type, the global peripheral micro catheter market is segmented into coils and spherical embolic devices and guided wires. The coils and spherical embolic devices segment is expected to grow at a higher CAGR than the guided wires segment during the forecast period from 2018 to 2030. This growth can be attributed to the increasing use of these devices for percutaneous transluminal angioplasty (PTA) procedures. Based on application, the global peripheral micro catheter market is divided into hospitals, emergency centers, ambulatory surgical centers (ASCs), and others (including research institutes). The hospitals segment dominates this market owing to increased use of these devices for various medical applications such as coronary angiography (CAG), percutaneous coronary intervention (PCI), renal denervation therapy, etc., across different hospital settings such as rural hospitals or small clinics as well as large metropolitan teaching hospitals. However, with growing preference for outpatient care among patients due to shorter hospital stays and lower treatment costs associated with it; ASCs are projected witness highest growth rate over Hospitals Segment during Forecast Period.
Product Definition:
A peripheral micro catheter is a small, thin tube that is inserted into a blood vessel in the arm or leg. It is used to inject or remove fluids from the body. The peripheral micro catheter can also be used to measure blood pressure and heart rate.
Coils and Spherical Embolic:
Coils and spherical embolic are used in peripheral micro catheterization. Microcatheters are inserted into the blood vessels of the body to extract blood samples for testing purposes. The microcatheters have a small, hollow tube attached to a thin wire coil or a metal balloon by means of an adhesive material such as silicone rubber or polyethylene glycol (PEG).
Guided Wires:
Guided wires are used in microcatheters to locate the site of a blockage or aneurysm. They are thin, hollow, flexible wires that can be inserted into blood vessels and blocked or occluded blood vessel walls by deploying special injectable drugs. Guided wire is also known as microcatheter with attached wire coil (MCW).
Application Insights:
Based on the application, the global peripheral micro catheter market is segmented into hospitals, emergency centers, ambulatory surgical centers and others. The hospital segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as a high prevalence of chronic diseases that require frequent monitoring and treatment procedures along with an increasing number of surgeries at a time. According to WHO¢â‚¬â„¢s estimates, around 1 billion surgical procedures are performed every year globally which accounts for 15% of total medical procedures worldwide.
The emergency center segment is expected to grow at a rapid pace over the forecast period owing to rising cases of trauma across various regions including North America and Europe coupled with increasing awareness about early diagnosis & treatment methods among consumers/ patients as well as healthcare professionals.
Regional Analysis:
North America dominated the global peripheral micro catheter market in 2017. This can be attributed to increasing R&D investments by public and private entities, rising adoption of advanced technologies, and high healthcare expenditure levels. In addition, growing number of product approvals by the FDA for new uses is also expected to drive growth over the forecast period.
In March 2018, Becton & Dickinson and Medtronic partnered with a focus on developing novel products that meet unmet medical needs in target patient population along with exploring commercial opportunities for PTCA products (healing wounds) within this region. Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to improving healthcare infrastructure coupled with increasing demand for minimally invasive surgeries especially in emerging countries such as China & India which are among top 10 economies globally when it comes to GDP per capita health spending levels (USD X).
Growth Factors:
- Increasing incidence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. Peripheral micro catheters are increasingly being used to treat various chronic conditions such as renal failure, diabetes, and cancer.
- Technological advancements: The peripheral micro catheter market is witnessing rapid technological advancements, with new products being launched regularly. This is helping to improve the efficacy and safety profile of these devices, thereby driving their adoption rates.
- Rising demand for minimally invasive procedures: There has been a growing trend towards minimally invasive procedures in recent years due to their many advantages over traditional surgical procedures such as reduced pain levels and shorter hospital stays. Peripheral micro catheters are ideally suited for use in minimally invasive procedures and are thus expected to witness high growth rates in this segment over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Peripheral Micro Catheter Market Research Report
By Type
Coils and Spherical Embolic, Guided Wires
By Application
Hospitals, Emergency Centers, Ambulatory Surgical Centers, Others
By Companies
BrosMed Medical, Cardiovascular Systems, Terumo, Teleflex, Philips, Merit Medical, Cook Group, INCATHLAB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Peripheral Micro Catheter Market Report Segments:
The global Peripheral Micro Catheter market is segmented on the basis of:
Types
Coils and Spherical Embolic, Guided Wires
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Emergency Centers, Ambulatory Surgical Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BrosMed Medical
- Cardiovascular Systems
- Terumo
- Teleflex
- Philips
- Merit Medical
- Cook Group
- INCATHLAB
Highlights of The Peripheral Micro Catheter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Coils and Spherical Embolic
- Guided Wires
- By Application:
- Hospitals
- Emergency Centers
- Ambulatory Surgical Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Peripheral Micro Catheter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A peripheral microcatheter is a small, thin tube that is inserted into the blood vessels near the surface of the skin. It is used to measure blood pressure, heart rate, and other vital signs without having to go through the chest.
Some of the major companies in the peripheral micro catheter market are BrosMed Medical, Cardiovascular Systems, Terumo, Teleflex, Philips, Merit Medical, Cook Group, INCATHLAB.
The peripheral micro catheter market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Peripheral Micro Catheter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Peripheral Micro Catheter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Peripheral Micro Catheter Market - Supply Chain
4.5. Global Peripheral Micro Catheter Market Forecast
4.5.1. Peripheral Micro Catheter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Peripheral Micro Catheter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Peripheral Micro Catheter Market Absolute $ Opportunity
5. Global Peripheral Micro Catheter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Peripheral Micro Catheter Market Size and Volume Forecast by Type
5.3.1. Coils and Spherical Embolic
5.3.2. Guided Wires
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Peripheral Micro Catheter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Peripheral Micro Catheter Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Emergency Centers
6.3.3. Ambulatory Surgical Centers
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Peripheral Micro Catheter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Peripheral Micro Catheter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Peripheral Micro Catheter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Peripheral Micro Catheter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Peripheral Micro Catheter Demand Share Forecast, 2019-2026
9. North America Peripheral Micro Catheter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Peripheral Micro Catheter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Peripheral Micro Catheter Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Emergency Centers
9.4.3. Ambulatory Surgical Centers
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Peripheral Micro Catheter Market Size and Volume Forecast by Type
9.7.1. Coils and Spherical Embolic
9.7.2. Guided Wires
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Peripheral Micro Catheter Demand Share Forecast, 2019-2026
10. Latin America Peripheral Micro Catheter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Peripheral Micro Catheter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Peripheral Micro Catheter Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Emergency Centers
10.4.3. Ambulatory Surgical Centers
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Peripheral Micro Catheter Market Size and Volume Forecast by Type
10.7.1. Coils and Spherical Embolic
10.7.2. Guided Wires
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Peripheral Micro Catheter Demand Share Forecast, 2019-2026
11. Europe Peripheral Micro Catheter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Peripheral Micro Catheter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Peripheral Micro Catheter Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Emergency Centers
11.4.3. Ambulatory Surgical Centers
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Peripheral Micro Catheter Market Size and Volume Forecast by Type
11.7.1. Coils and Spherical Embolic
11.7.2. Guided Wires
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Peripheral Micro Catheter Demand Share, 2019-2026
12. Asia Pacific Peripheral Micro Catheter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Peripheral Micro Catheter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Peripheral Micro Catheter Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Emergency Centers
12.4.3. Ambulatory Surgical Centers
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Peripheral Micro Catheter Market Size and Volume Forecast by Type
12.7.1. Coils and Spherical Embolic
12.7.2. Guided Wires
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Peripheral Micro Catheter Demand Share, 2019-2026
13. Middle East & Africa Peripheral Micro Catheter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Peripheral Micro Catheter Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Peripheral Micro Catheter Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Emergency Centers
13.4.3. Ambulatory Surgical Centers
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Peripheral Micro Catheter Market Size and Volume Forecast by Type
13.7.1. Coils and Spherical Embolic
13.7.2. Guided Wires
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Peripheral Micro Catheter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Peripheral Micro Catheter Market: Market Share Analysis
14.2. Peripheral Micro Catheter Distributors and Customers
14.3. Peripheral Micro Catheter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BrosMed Medical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cardiovascular Systems
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Terumo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Teleflex
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Philips
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Merit Medical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cook Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. INCATHLAB
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
